Nvidia in Talks to Invest in AI Startup Perplexity at $30B Valuation

Key Facts

In a move reflecting the strategic push by tech giants to dominate AI applications, Nvidia is reportedly in discussions to invest in the AI startup Perplexity. According to reports, these talks are part of an equity funding round aimed at expanding Nvidia's ecosystem and influence within the generative AI sector. The funding round is expected to value Perplexity at more than $30 billion, highlighting the surging valuation of AI-driven search platforms.

Nvidia's potential investment comes as the company seeks to reinforce its dominant position by backing leading application-layer startups. Per market data, Nvidia (NVDA) shares closed at $214.72 on August 21, 2026. During the same period, industry peers showed varied performance, with AMD closing at $473.25 and INTC at $90.07 as of August 21, 2026, reflecting the broader competitive landscape in the semiconductor and AI infrastructure markets.

Investors are monitoring NVDA price levels following its daily low of $214.50 on August 21, 2026. While there are no immediate corporate catalysts in the upcoming calendar for Nvidia, the market remains focused on broader US economic data, including manufacturing and housing indices scheduled for release, which may impact sentiment across the high-growth technology sector.